Arrowstreet Capital Limited Partnership Lowers Stock Holdings in Comcast Corporation $CMCSA

Arrowstreet Capital Limited Partnership reduced its holdings in Comcast Corporation (NASDAQ:CMCSA) by 14.0% during the 1st quarter, Holdings Channel reports. The firm owned 12,369,364 shares of the cable giant’s stock after selling 2,014,537 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Comcast were worth $355,124,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CMCSA. Caxton Associates LLP raised its stake in shares of Comcast by 275.2% during the 1st quarter. Caxton Associates LLP now owns 120,350 shares of the cable giant’s stock worth $3,455,000 after buying an additional 88,275 shares during the period. Inceptionr LLC acquired a new stake in Comcast in the 1st quarter valued at $660,000. Gibbs Wealth Management grew its stake in Comcast by 14.0% in the 1st quarter. Gibbs Wealth Management now owns 26,896 shares of the cable giant’s stock valued at $772,000 after acquiring an additional 3,300 shares during the period. Sei Investments Co. increased its holdings in Comcast by 57.5% in the 1st quarter. Sei Investments Co. now owns 5,869,043 shares of the cable giant’s stock worth $168,500,000 after acquiring an additional 2,142,200 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in Comcast by 7.2% during the first quarter. Cetera Investment Advisers now owns 1,480,767 shares of the cable giant’s stock worth $42,513,000 after acquiring an additional 99,759 shares during the period. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CMCSA has been the topic of several recent analyst reports. UBS Group reaffirmed a “neutral” rating on shares of Comcast in a report on Tuesday, June 23rd. New Street Research cut their target price on shares of Comcast from $31.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, June 25th. Scotiabank reduced their price target on shares of Comcast from $36.00 to $32.75 and set a “sector perform” rating for the company in a research report on Wednesday, July 15th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $28.00 price target on shares of Comcast in a research note on Monday, July 13th. Finally, Rosenblatt Securities upgraded Comcast from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $24.00 to $31.00 in a report on Tuesday, June 30th. Eleven research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Comcast presently has an average rating of “Hold” and a consensus price target of $33.45.

Key Headlines Impacting Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast beat Q2 EPS and revenue estimates, helped by record wireless growth and stronger connectivity momentum. Comcast Reports 2nd Quarter 2026 Results
• Positive Sentiment: Peacock posted its first quarterly profit and added 2 million paid subscribers, improving the outlook for Comcast’s streaming business. Comcast’s Peacock records first ever profit on World Cup, ‘Love Island USA’ boost
• Neutral Sentiment: Comcast declared a quarterly dividend of $0.33 per share, reinforcing its income appeal with an annualized yield around 6.0%. Comcast Declares Quarterly Dividend
• Negative Sentiment: Revenue and profit still declined year over year, and broadband customer losses remain a key concern for the core business. Comcast Reports Lower Profit, Narrows Domestic Broadband Subscriber Losses
• Negative Sentiment: The company paused share buybacks, which may have disappointed investors looking for capital-return support. Comcast Corp (CMCSA) Q2 2026 Earnings Call Highlights

Comcast Trading Down 6.8%

Shares of CMCSA opened at $21.92 on Friday. Comcast Corporation has a 52-week low of $21.91 and a 52-week high of $36.01. The stock has a market cap of $78.30 billion, a PE ratio of 4.31, a price-to-earnings-growth ratio of 1.94 and a beta of 0.67. The firm’s fifty day moving average is $23.86 and its two-hundred day moving average is $27.30. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.01.

Comcast (NASDAQ:CMCSA) last issued its earnings results on Thursday, July 23rd. The cable giant reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. The business had revenue of $29.94 billion during the quarter, compared to analysts’ expectations of $29.24 billion. Comcast had a net margin of 15.00% and a return on equity of 15.47%. The company’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.25 earnings per share. Research analysts forecast that Comcast Corporation will post 3.48 earnings per share for the current fiscal year.

Comcast Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be issued a $0.33 dividend. The ex-dividend date is Wednesday, October 7th. This represents a $1.32 dividend on an annualized basis and a yield of 6.0%. Comcast’s dividend payout ratio is presently 25.98%.

About Comcast

Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.